Short Interest in Forafric Global PLC (NASDAQ:AFRIW) Drops By 63.6%

Forafric Global PLC (NASDAQ:AFRIW) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 400 shares, a decrease of 63.6% from the December 15th total of 1,100 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 0.1 days.

Forafric Global Stock Down 14.6 %

Shares of NASDAQ AFRIW opened at $1.05 on Tuesday. The company has a 50 day simple moving average of $1.11 and a two-hundred day simple moving average of $1.28. Forafric Global has a fifty-two week low of $0.56 and a fifty-two week high of $1.60.

Forafric Global Company Profile

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.